BAJFINANCE, How we earned 100 points (Trade Analysis)
4849
BAJFINANCE was given for long at 10:29 when it was trading at 1841 and soon after in next 10 mins it jumped to 1889. Although I booked at 1884 but target was notified at 1910-20 and it slowly moved its way to target and beyond creating high of 1941.
Detailed 5 min chart which was used for this simple price action analysis is below.
There were many other successful trades in ACC, MARUTI etc
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results. If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out. Request your support by liking/commenting on ideas submitted.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.